en.Wedoany.com Reported - Swedish nuclear technology services company Studsvik AB announced today that it has completed the acquisition of Kärnfull Next AB, a Swedish developer of small modular reactor (SMR) projects. The transaction was initially announced on March 9, 2026.
Kärnfull Next focuses on site selection and early-stage project development for small modular reactors in the Nordic region and has become one of the most active private companies in Sweden's new nuclear power development sector. The company works closely with international technology suppliers, industrial partners, and local stakeholders to advance site selection, project development, and early licensing processes. In March this year, Kärnfull Next submitted an application for an SMR development project in the Valdemarsvik area under Sweden's newly revised nuclear energy regulations, with more early planning approval applications expected to be submitted before the summer.
Studsvik President and CEO Karl Thedéen stated that this acquisition represents a significant milestone in the company's ongoing development. For over 75 years, Studsvik has supported the global nuclear industry with technical expertise and specialized services, and the addition of Kärnfull Next brings entirely new project development capabilities to the company. He also noted that Sweden is rapidly emerging as one of Europe's most attractive markets for new nuclear power, driven by an evolving regulatory framework and a consensus that fossil-free baseload power will play a critical role in the future energy system.
As part of the transaction, Kärnfull Next's two founders, Christian Sjölander and John Ahlberg, will formally join Studsvik's senior management team, taking on the roles of Head of New Build and Chief Marketing Officer, respectively. Christian Sjölander stated that combining Kärnfull Next's project development experience with Studsvik's technical heritage creates a solid foundation for supporting next-generation nuclear projects. John Ahlberg added that Studsvik possesses a unique history and reputation in the global nuclear field, and as the company approaches its 80th anniversary in 2027, he is committed to strengthening the brand image, showcasing the company's technical legacy and the role it plays in the future of nuclear energy.
With the completion of the acquisition, Studsvik has further expanded its service offerings across the entire nuclear lifecycle, covering areas such as nuclear fuel and materials technology, software development, waste management, and new nuclear project development.
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